MakeMyTrip Q4 profit slides 29.8% as West Asia conflict dents outbound travel
Adjusted net profit fell to $33.8M in Q4 FY26 as overseas travel demand weakened and tax expense more than tripled to $6M. Revenue inched up 1.9% to $250.1M (6.7% constant currency). Annual gross bookings crossed $10B as the OTA pivots toward domestic and short-haul trips.
MakeMyTrip's Q4 FY26 adjusted net profit fell 29.8% to $33.8M as West Asia conflict hit overseas travel and tax expense rose. Revenue grew 1.9% to $250.1M; company is pivoting to domestic and short-haul trips, crossed $10B annual gross bookings.